Hero Honda Motors

FEATURED ARTICLES ABOUT HERO HONDA MOTORS - PAGE 2

NEW DELHI: Two-wheeler major Hero Honda on Wednesday announced launch of its first scooter 'Pleasure' which would hit the market by mid November. The scooter segment is witnessing an impressive growth for the past few months and with the launch of Hero Honda 'Pleasure', we would be able to carve out a place for ourselves in the industry and contribute towards its further growth, Hero Honda Motors Ltd Managing Director Pawan Munjal told media.

NEW DELHI: Hero Honda Motors, the country's largest motorcycle maker, on Monday said sales rose 18.3 per cent in October 2004. A total of 2,45,475 units were sold in the review month over 2,07,472 motorcycles in October 2003, a company statement said. Hero Honda, which is 26 per cent each owned by Honda Motor of Japan and the Munjals, has launched a limited edition of entry-level motorcycle Splendor.

NEW DELHI: Hero Honda Motors, the country's largest motorcycle maker, on Monday said sales rose 18.3 per cent in October 2004. A total of 2,45,475 units were sold in the review month over 2,07,472 motorcycles in October 2003, a company statement said. Hero Honda, which is 26 per cent each owned by Honda Motor of Japan and the Munjals, has launched a limited edition of entry-level motorcycle Splendor.

MUMBAI: Hero Honda Motors, the country's largest motorcycle maker, sold 143,141 motorcycles in July. This marked an increase of 4.97 per cent from 136,360 bikes a year earlier, according to company sources. The motorcycle maker, in which India's Munjal family and Japan's Honda Motor each hold a 26 per cent stake, had a dominating 45 per cent share of the about 3.7 million units a year motorcycle market in the past year to March.

MUMBAI: Hero Honda Motors, the country's largest motorcycle maker, sold 143,141 motorcycles in July. This marked an increase of 4.97 per cent from 136,360 bikes a year earlier, according to company sources. The motorcycle maker, in which India's Munjal family and Japan's Honda Motor each hold a 26 per cent stake, had a dominating 45 per cent share of the about 3.7 million units a year motorcycle market in the past year to March.

NEW DELHI: Hero Honda Motors on Thursday said it has achieved a milestone by becoming the first Indian two-wheeler maker to produce five million units. The company rolled out the five millionth motorcycle from its Dharuhera plant in Haryana. Hero Honda, which is the country's largest motorcycle maker, had rolled out the first motorcycle 'CD100' on April 13, 1985, a company statement said. Now, the Dharuhera plant produces 3,000 motorcycles per day which includes models like 'CD100SS', 'Dawn', 'Splendor' and the latest 'CD-Dawn'.

NEW DELHI: Hero Honda Motors Ltd, country's largest bike maker, reported on Saturday 22.3 per cent jump in sales to 2,66,071 units during September 2005 compared to 2,17,507 units during the same month last year. Cumulative sales for the first half this fiscal grew 16.84 per cent to 14,29,992 units as against 12,23,919 units during April-September 2004-05, Hero Honda said in a release. The sales figures of September 2005 are also 9.6 per cent higher than the August sales, which stood at 2,46,304 units.

NEW DELHI: Hero Honda Motors Ltd, the world's largest two-wheeler company by volume, on Friday got shareholders' approval to change its corporate name to Hero MotoCorp Ltd. The shareholders' approval will now be forwarded to the Registrar of Companies for final changes. Japan's Honda Motor is exiting Hero Honda Motors after a 27-year partnership with the Munjals' Hero Group. The joint venture was India's largest motorcycle manufacturer with more than half the domestic market.

MUMBAI: Hero Honda Motors slipped over five per cent on the Bombay Stock Exchange today, amid media reports that Hero Group's board has approved termination of joint venture with Honda Motors. Continuing its losing streak for the third straight session shares of Hero Honda plunged 5.40 per cent to close at Rs 1,621.30 on BSE. During the day, the stock had fallen 9 per cent to touch a two month low of Rs 1,559. On the National Stock Exchange as well, the two-wheeler major suffered losses and settled at Rs 1,624, down 5.18 per cent from the previous close.

NEW DELHI: After Maruti and Hyundai, Hero Honda Motors on Tuesday said it might cut production if the ongoing nationwide truckers' strike is prolonged by 3-4 days. "If the strike goes on for another 3-4 days, we may have to cut production," Hero Honda Motors Chairman Brijmohan Lall Munjal said. He declined to give details. Munjal said Hero Honda "fortunately" had stocks with dealers to sell to customers as well as materials with vendors which enabled it to continue production till now. Hero Honda has two manufacturing plants at Dharuhera and Ballabhgarh in Gurgaon (Haryana)